Aadhaar card is one of the essential identity proof in India and is been utilized for almost all official works. Nowadays, the Aadhaar card is commonly found linked to the PAN card and the bank account. Whether you want to buy a new mobile phone or get a passport, Aadhaar card is needed in almost every field and thus, is a must for every Indian citizen. There are various ways using which this identity proof can be misused by the fraudster.

Let’s discuss some major uses of Aadhaar card

1# Direct benefit transfer

The Indian government recently introduced direct benefit transfer system under which the people who desire to receive the benefits of LPG subsidy are required to link their Aadhaar card details with a bank account to get the funds transferred directly into the respective bank account.

2# Higher security

Aadhaar card is widely used is the central database system and has proven to be very effective in examining the criminal records of a person. Moreover, the digital locker system that aids the people in maintaining their essential documents can only be operated using the Aadhaar card. This assures the proper safety of your important files and sensitive information from hackers.

3# Passport in 10 days

Generally, when the Aadhaar card system was not followed the Indians get their passport after a long period. However, applying Aadhaar card for the passport can help you get the same within few days.

4# Easy KYC

Whether you desire to open a bank account or get your fresh SIM activated, the KYC procedure can get quickly finished if you have Aadhaar card. Apart from this, the Government is also planning to link the voter ID with your Aadhaar card which may eradicate the false votes using invalid voter ID.

Although Aadhaar card is useful in diverse fields, the same has various demerits as well. Let’s look at some of the disadvantages of Aadhaar card:

5# Prone to hacking

In the recent era, cyber theft is increasing day by day due to which the personal data of the person can be leaked easily using the Aadhaar card details. In some cases, the hackers use Aadhaar card linked to the bank account to disclose the confidential information of the person like bank account details and etc.

6# Breaking privacy

Indian government mainly uses the Aadhaar card to ascertain each and every monetary as well as a non-monetary transaction made by the people. Therefore, there is no privacy in your transaction details as every deal is recorded.

7# Identity theft

There are chances that your Aadhaar card may be misused by the third party for illegal purposes. In some cases, the criminals steal the Aadhaar card and use it for a fake identity.

Conclusion

Though these loop holes can turn out to be very dangerous, the Indian government is imposing several measures to enhance the UIDAI which may further eliminate the Aadhaar card bugs and make this identification system effective and perfect.…

Aadhaar card is considered to be one of the most important identification proofs of Indian citizens. Whether you have applied for a passport or want to activate your SIM card, Aadhaar card is required in almost every deal. Aadhaar card not only helps you to avail the LPG subsidy but also using this ID proof, you can get your passport within 10 days after applying. Nowadays, linking of Aadhaar card with other ID proofs such as PAN card, mobile number, bank account, and etc have become a major argument.

The utmost reason why the government is compelling us to connect our Aadhaar card with a bank account is to record all the monetary as well as non-monetary transactions and their sources. Linking our Aadhaar can track our every record that further assists the government to identify the illegal deals. However, this linkage of Aadhar created a huge argument among the people as our every transaction is exposed to the government and thus, the Indians can no more enjoy privacy in their deals.

Why link Aadhaar card with PAN card?

The Supreme Court has made it obligatory to link your AAadhaar card with PAN card before July 1, 2017. There was a huge fuss among the citizens about why the government is asking to connect both the ID proofs.The goverment will also enquiry about the status of your aadhar card whether its has been linked or not.The income tax department elucidated that this linkage can preserve your PAN card from getting canceled and hence, it the Aadhaar and PAN linking became mandatory for every Indian citizen.

Why is it important?

Aadhar linking not only assures safety and legal transaction but also aids the people in diverse ways. Here are some major benefits which can only be accessed by linking your Aadhaar card with the bank.

Direct benefit transfer – recently, the Indian government is providing LPG subsidy benefits to various people that are paid directly via bank account. In order to receive the subsidy and to ensure safe and secure payments, linking your Aadhaar card with a bank account is a necessity.

Digital life certification – this scheme enables the direct payment of pensioner to their bank accounts. When Aadhaar cards were not issued, the pensioner was paid by cash transactions. However, the linking system has made it very easy to follow the cashless transaction.

Safety – the main reason for why the government wants you to link Aadhaar to your bank is to enable safety of your money. You must also know that the fraudsters may link his Aadhaar card with your bank account to have a complete access to your money. Therefore, it is a must to get your Aadhaar ID and bank account linked.

Conclusion

Reserve Bank of India (RBI) has clarified that the Aadhaar card of every Indian citizen must be linked with their respective bank account to ensure the safety of their transactions. According to the recent reports, the bank now possesses the authority to freeze your account if it is not linked to the Aadhaar card within the deadline.…